Magnolia Oil & Gas Corp

Company Profile

Magnolia Oil & Gas Corp had its IPO on 2017-05-05 under the ticker symbol MGY.

The company operates in the Energy sector and Oil & Gas E&P industry. Magnolia Oil & Gas Corp has a staff strength of 213 employees.

Stock update

Shares of Magnolia Oil & Gas Corp opened at $23.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $23.09 - $23.6, and closed at $23.51.

This is a +2.44% increase from the previous day's closing price.

A total volume of 2,196,932 shares were traded at the close of the day’s session.

In the last one week, shares of Magnolia Oil & Gas Corp have increased by +0.77%.

Magnolia Oil & Gas Corp's Key Ratios

Magnolia Oil & Gas Corp has a market cap of $4.89 billion, indicating a price to book ratio of 3.6498 and a price to sales ratio of 3.7811.

In the last 12-months Magnolia Oil & Gas Corp’s revenue was $1.42 billion with a gross profit of $1.50 billion and an EBITDA of $1.06 billion. The EBITDA ratio measures Magnolia Oil & Gas Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Magnolia Oil & Gas Corp’s operating margin was 53.35% while its return on assets stood at 20.36% with a return of equity of 48.92%.

In Q2, Magnolia Oil & Gas Corp’s quarterly earnings growth was a negative -63.7% while revenue growth was a negative 42.2%.

Magnolia Oil & Gas Corp’s PE and PEG Ratio

Forward PE

6.0533

Trailing PE

6.5904

PEG

Its diluted EPS in the last 12-months stands at $3.54 per share while it has a forward price to earnings multiple of 6.0533 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Magnolia Oil & Gas Corp’s profitability.

Magnolia Oil & Gas Corp stock is trading at a EV to sales ratio of 2.5866 and a EV to EBITDA ratio of 3.2942. Its price to sales ratio in the trailing 12-months stood at 3.7811.

Magnolia Oil & Gas Corp stock pays annual dividends of $0.445 per share, indicating a yield of 1.91% and a payout ratio of 12.71%.

Balance sheet and cash flow metrics

Total Assets

$2.57 billion

Total Liabilities

$263.00 million

Operating Cash Flow

$-118042000.00

Capital Expenditure

$111.19 million

Dividend Payout Ratio

12.71%

Magnolia Oil & Gas Corp ended 2024 with $2.57 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.57 billion while shareholder equity stood at $1.63 billion.

Magnolia Oil & Gas Corp ended 2024 with $0 in deferred long-term liabilities, $263.00 million in other current liabilities, 23000.00 in common stock, $329.01 million in retained earnings and $0 in goodwill. Its cash balance stood at $676.57 million and cash and short-term investments were $676.57 million. The company’s total short-term debt was $0 while long-term debt stood at $391.59 million.

Magnolia Oil & Gas Corp’s total current assets stands at $814.84 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $137.38 million compared to accounts payable of $166.23 million and inventory worth $-138272000.00.

In 2024, Magnolia Oil & Gas Corp's operating cash flow was $-118042000.00 while its capital expenditure stood at $111.19 million.

Comparatively, Magnolia Oil & Gas Corp paid $0.13 in dividends in 2024.

Other key metrics

Current Trading Price

$23.51

52-Week High

$27.1334

52-Week Low

$17.8119

Analyst Target Price

$26.83

Magnolia Oil & Gas Corp stock is currently trading at $23.51 per share. It touched a 52-week high of $27.1334 and a 52-week low of $27.1334. Analysts tracking the stock have a 12-month average target price of $26.83.

Its 50-day moving average was $22.15 and 200-day moving average was $21.74 The short ratio stood at 7.42 indicating a short percent outstanding of 0%.

Around 122.7% of the company’s stock are held by insiders while 10816.1% are held by institutions.